Dutch companies that were active in wholesale trade were the most likely to engage in factoring, or so-called invoice trading, to acquire funds for their business. They made up more than half of the factoring volume in the country, reaching around 46 billion euros in the first half of 2023. Factoring is a transaction in which a business sells its accounts receivable (also known as invoices), to a third-party financial company (called a factor). The factor then collects payment on those invoices from the business’s customers. The main reason that companies choose to factor is that they want to receive cash quickly, so they can meet their immediate cash needs, rather than waiting the 30 to 60 days it often takes for customers to pay their bills.
Total factoring value in the Netherlands from 1st half of 2018 to 1st half of 2023, by sector
(in million euros)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Factoring & Asset based financing Association Netherlands. (November 2, 2023). Total factoring value in the Netherlands from 1st half of 2018 to 1st half of 2023, by sector (in million euros) [Graph]. In Statista. Retrieved October 13, 2024, from https://www.statista.com/statistics/1133842/factoring-volume-in-the-netherlands-by-sector/
Factoring & Asset based financing Association Netherlands. "Total factoring value in the Netherlands from 1st half of 2018 to 1st half of 2023, by sector (in million euros)." Chart. November 2, 2023. Statista. Accessed October 13, 2024. https://www.statista.com/statistics/1133842/factoring-volume-in-the-netherlands-by-sector/
Factoring & Asset based financing Association Netherlands. (2023). Total factoring value in the Netherlands from 1st half of 2018 to 1st half of 2023, by sector (in million euros). Statista. Statista Inc.. Accessed: October 13, 2024. https://www.statista.com/statistics/1133842/factoring-volume-in-the-netherlands-by-sector/
Factoring & Asset based financing Association Netherlands. "Total Factoring Value in The Netherlands from 1st Half of 2018 to 1st Half of 2023, by Sector (in Million Euros)." Statista, Statista Inc., 2 Nov 2023, https://www.statista.com/statistics/1133842/factoring-volume-in-the-netherlands-by-sector/
Factoring & Asset based financing Association Netherlands, Total factoring value in the Netherlands from 1st half of 2018 to 1st half of 2023, by sector (in million euros) Statista, https://www.statista.com/statistics/1133842/factoring-volume-in-the-netherlands-by-sector/ (last visited October 13, 2024)
Total factoring value in the Netherlands from 1st half of 2018 to 1st half of 2023, by sector (in million euros) [Graph], Factoring & Asset based financing Association Netherlands, November 2, 2023. [Online]. Available: https://www.statista.com/statistics/1133842/factoring-volume-in-the-netherlands-by-sector/